Trading Underwriter - Cheltenham, United Kingdom - Towergate Insurance

Towergate Insurance

Verified Company

Cheltenham, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Are you looking to join a flexible and challenging business, focused on caring about their people and customers? Where your skills and knowledge will be developed within a team who are passionate about what they do and where diversity is celebrated?

Then this is the role for you

As a Trading Underwriter you will be a key part of the Commercial Trading Team, based in Cheltenham.

Day to day, you'll be required to underwrite and process new business and renewal cases, contributing to the achievement and delivery of the business objectives through our commercial product suite.

You will handle calls with direct customers and brokers alike, develop a working relationship with the insurer through regular referrals and maintain service levels agreements when issuing documentation.

Key responsibilities:

Handle new business, renewals, and midterm adjustments within your authority, issuing relevant supporting documentation
Contribute to team income objectives for both New Business and Retention through a successful trading philosophy
Support the Senior Trading Underwriter with the continuous improvement of knowledge within the team, sharing best practice and reviewing any developments within the market
Handle internal referrals
Build professional and longstanding relationships with brokers and direct customers alike
Build and retain the confidence of the insurer by developing a strong relationship and profitable risk portfolio
Contribute to the quality assurance scorecard of Insurers, through attainment of own quality and technical audits and reviews

What experience do our Trading Underwriters need?

Knowledge of insurance market and insurance products
Fully understand general insurance regulation and business ethics
Negotiation ability to deal with partners, insurers, brokers and internal colleagues
The ability to construct a strong report/rationale and be able to communicate this effectively
Ability to analyse complex information and draw out the relevant facts
Understanding pricing, loss ratios, margins and profitability
Ability to articulate technical issues and influence key contacts in the marketplace
Strong numeracy & literacy skills

Desirable

Previous experience working in the commercial insurance sector
Previous experience in a Trading Underwriter role, or similar
Previously worked on schemes under delegated binding authority
Proficient in the use of Open GI
Comfortable with delivering coaching to junior colleagues

In return you will be welcomed and supported by our Ardonagh family, with opportunities to earn your annual salary plus a role-based incentive plan and grow your career.

You will also be joining an organisation that cares about you as a person and your wellbeing.

Some of the other benefits are:

Holiday entitlement of 26 days plus bank holidays

Opportunity to progress your career across the entire Ardonagh family

Gain CII or ACII qualifications to boost your knowledge and career prospects
Pensions scheme for when you feel it's time to retire
24hour support for physical and mental wellbeing
1 days paid volunteering day to give back to our communities
The Spotlight Awards, where we shine a light on the brightest talent across our group

Towergate, within Ardonagh Advisory is part of The Ardonagh Group and spans the breadth of the insurance sector, powered by our more than 9000 employees.

The diversity of brands and breadth of products and solutions for our customers bring huge opportunity.

Ardonagh Group is an equal opportunities employer, and we are committed to a working environment that is free from discrimination, is inclusive, and empowers our people to bring their whole self to work and reach their full potential.

LI-EM1

Job Types:
Full-time, Permanent

Benefits: